The Co. Innovation Centre is a multi-sectoral space for established and growing companies to converge, collaborate and co-create. Meagan Kay-Fowlow, President of the Co. Innovation Centre, discusses how this unique facility will engage with…
Beam, a company created by the recent merger of Rovco and Vaarst, has deployed ‘the world’s first’ autonomous underwater vehicle (AUV) driven by artificial intelligence (AI) at Seagreen offshore wind farm in Scotland.The AI-driven AUV has been used to inspect jacket structures on Seagreen wind farm…
Beam, a company created by the recent merger of Rovco and Vaarst, has strengthened its fleet with two new autonomous surface vessels (ASVs), called Xplorers, and a Quantum EV workclass remotely operated vehicle (ROV).The Quantum EV and Xplorer vessels…
Hong Kong-based developed of uncrewed surface vehicles (USV) OceanAlpha has unveiled plans for year-long showcase of its USVs across the Middle East Region for offshore energy sector and other maritime industries.Beginning in Qatar’s Doha, the…
Subsea technology company Soil Machine Dynamics (SMD) has closed the first sale of its compact workclass electric ROV, the Atom EV, to Greece’s Hellenic Centre for Marine Research (HCMR), a public center undertaking marine research in the Eastern Mediterranean…
DOF Subsea announced an agreement for the extension for the vessel Skandi Africa. The new commitment will now run until May 2028 and will commence in direct continuation with the current commitment.Skandi Africa is a high-end subsea vessel designed…
Ocean Power Technologies (OPT) has signed a reseller agreement for its technology with Geos Telecom, a provider of maritime communication and navigation solutions in Costa Rica.The partnership marks an expansion of OPT’s presence in the Latin…
Subsea specialist Sulmara has secured funding from the Net Zero Technology Centre (NZTC) to develop an over-the-horizon (OTH) uncrewed surface vessel (USV) with the ability to launch and recover towed sensor packages.The project will deliver…
U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) and UAE’s subsea technology and engineering services firm Unique Group have partnered up to offer unmanned surface vehicle (USV) services in the Middle East.Unique…
Kystdesign won a new contract with DOF for two complete Constructor Compact ROV systems, a newly developed compact version of the Constructor ROV which has four systems sold to date.DOF delivers integrated subsea services. 'We are pleased with…
U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) has delivered first set of new unmanned surface vehicles - WAM-Vs - to Sulmara.The delivery marks a contractual milestone and delivered the first set of new unmanned surface vehicles under the previously announced $1…
TotalEnergies and Oceaneering International, Inc. have completed a pipeline inspection industrial pilot using a Freedom™ Autonomous Underwater Vehicle (AUV).The capabilities observed during the pilot delivered on the ambition of TotalEnergies…
Saipem’s underwater intervention drone Hydrone-R, currently operating on Equinor's Njord Field development project offshore Norway, has achieved the milestone for continuous subsea residency of 167 days.The project, for which Saipem’s Hydrone-R is deployed…
Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side…